|
A new study from the Open Finance technology and advisory services provider Konsentus has found that there are now more than 65 national open banking programs globally.
Konsentus has updated its Global Open Banking and Open Finance Map to include richer data on the evolution of open banking across the world.
It reveals that open banking, the new wave of financial data access, has reached a significant milestone, with 68 countries (representing 35% of the world) either live or in development.
The Konsentus study showed there is a clear regulatory push towards open banking, with 64% of open banking initiatives being mandatory via legislation. Only four markets are currently pursuing a market-led approach and 26% of initiatives lack...
|